By Roy Hayhurt, GuideStone Financial Resources DALLAS, Texas - GuideStone Financial Resources has announced changes to the Protection Section Benefits offered to qualified participants in the Church Retirement Plan, the 403(b)(9) retirement plan offered exclusively to Southern Baptist churches and their staffs. The change in benefits will offer cost savings to state conventions, which can use the money in other avenues of missions and ministry. The Protection Section Benefits, a unique benefit not found in most other denominational pension plans, nor in most secular retirement plans, currently offers qualified participants a disability benefit of up to $500 per month, along with a survivor protection benefit of up to $100,000, so long as there have been at least contributions in each of the last 12 months. The changes to the benefit will increase the minimum monthly contribution for those eligible for the benefits to $50 monthly, and disability benefits must begin before age 65 and will be limited to a payout of 60 months. There are no changes to the survivor protection benefit. Participants currently receiving benefits will not be affected. “These benefits have proven to be financial life-savers for many of the … [Read more...]
Archives for October 2017
Mission giant Hodnett passes away at 85
CHARENTON -- Bobby Hodnett passed away on October 16, 2017 at the age of 85. A native of Colfax, Louisiana, and a resident of the Baldwin and Franklin area for the past 50 years, passed away Monday, October 16, 2017. At the time of his passing, he was the pastor of Cypremort Point Baptist Mission and associate pastor at Little Pass Baptist Church. A former semi-pro baseball player, he gave his heart to Christ and pursued ministry with all that was in him for 60 plus years. He came to First Baptist Church in Franklin in November of 1968 and served as music and youth pastor. He then went to the Myette Point Baptist Mission in Franklin. In 1973, he restarted Little Pass Baptist Mission in Charenton as their pastor. He led them to tremendous growth as a fully constituted church. Under his leadership, the church was moved from the levee to a piece of land across from the Charenton post office. He then lead the church to build a sanctuary, fellowship hall, and a two story education building. He retired in 2009 as Senior Pastor but never retired from ministry. Hodnett was well known for missions and evangelism. At one time in his career, he pastored Little Pass, the Baldwin Mission and Cypermort Point Baptist … [Read more...]
Brazilian tribe fights back against Amazon invaders
Air Force colonel punished for not signing ‘thank you’ to homosexual serviceman’s ‘spouse’
Kent State: ‘You Need Jesus’ is hate speech?
D.C. Museum of he Bible to open Nov. 17
Archaeologists examine lead poisonings affect on Roman Empire
Doctors mend baby’s birth defect inside the womb
Clinton camp, DNC paid for fake Russia-Trump dossier
Elder President Bush accused of inappropriate touching of actress
- « Previous Page
- 1
- 2
- 3
- 4
- 5
- 6
- …
- 23
- Next Page »